When physical offshore presence is needed, Lainston’s support staff and local network can get a business up and running fast. Our knowledgeable team assists clients in finding suitable office locations by leveraging our Cayman Islands real estate relationships. We then work with telecommunications companies, IT providers, furniture suppliers and others to bring full functionality to the office space. Lainston also obtains any local licenses that may be required.

To staff an office with the best employees, Lainston can project manage large or small scale human resource initiatives. Our business incubation services achieve this by working with recruitment agencies and placing advertisements for local staff. We then conduct initial interviews and background checks. Other human resources services we offer include contracts, payroll operations, and employee relations and mediation.

From basic consulting on physical business establishment to full local office support, Lainston simplifies the process of having a Cayman serviced office when corporate executives and companies are located in other parts of the world. Our business establishment services also include maintenance of all company administration and record keeping, coordination of required board meetings, provision of offshore directors to handle daily business operations and registered office services.

Once offshore structures are established, the Lainston team provides comprehensive corporate secretarial services and company administration services to ensure they remain compliant with all aspects of the law. Whether dealing with Cayman trusts, Cayman funds or other types of Cayman incorporation vehicles, our team maximizes a thorough expertise of the country’s laws and requirements to keep our clients in good legal and financial standing with Cayman regulatory bodies.

A key component of the Lainston corporate secretarial services and company administration services includes the maintenance of company records and completion of all mandatory filings. We also provide systematic board meeting documentation, agendas and meeting minutes for annual/quarterly meetings, and correspondence materials for company stakeholders. To stay abreast of policy changes in regulation, we evaluate the Cayman legislative environment on an ongoing basis, and develop strategies and action plans for compliance with all new Cayman statutory codes. From the provision of nominee shareholders to registered offices, our team handles share transfer forms, yearly payments to the Registrar of Companies, business license renewals, land title transfers and more. A one-stop shop, the Lainston team also acts as a liaison between lawyers, regulators, tax advisors and auditors to give our clients a full service way to do business in the Cayman Islands.

The Cayman Islands is a preferred destination among managers looking to form alternative investment funds offshore. Whilst these can take the shape of corporate entities, unit trusts, or limited partnerships, the vehicle used has important implications for the ultimate success of the fund. Structured vehicles may inhibit or attract investors based on levels of familiarity with the types of structures.

Whether creating a new structure or restructuring an existing entity, Lainston has the expertise to help you identify the corporate structure that will help you operate most efficiently. We assist in structure design for exempted companies, exempted limited partnerships, segregated portfolio companies and feeder fund structures. Our strategic counsel on costs, taxation, regulation, fund raising and stock exchange considerations arms our clients with the tools and best practices they need to maximize the corporate structuring process.

The Cayman Islands are the world’s leading jurisdiction for offshore hedge funds. These Cayman funds are an ideal choice for several reasons. For investors, regulation is beneficial thanks to the country’s tax neutrality and straightforward fund laws. For funds, the costs involved in setting-up a new fund are inexpensive in comparison to other jurisdictions. New entities can also be up and running in a matter of days.

Hedge funds seeking to tap into international investor pools can benefit from Lainston’s offshore fund services. Our highly skilled team helps managers establish offshore versions of their funds to facilitate global investor participation. By working with onshore teams, including legal and accounting advisors, we are able to deliver comprehensive strategies for setting-up appropriate structures for each fund manager’s unique requirements. This includes structuring and establishment of offshore hedge funds, private equity funds, funds of funds, limited partnerships, unit trusts, feeder funds and segregated portfolio companies.

Our Cayman funds fiduciary services team also provides required office support for every day administration through our registered office and corporate secretarial services. We liaise with the Cayman Islands Monetary Authority (CIMA), provide legal administration, and offer auditing and reporting coordination and support. Lainston provides offshore non-executive directors to hedge funds as well. As independent directors and trustees, our Cayman directors help offshore funds maintain high standards when it comes to corporate governance.

Cayman Special Purpose Vehicles offer many benefits when it comes to isolating financial risk in the financing of new projects and the acquisition of assets. Thanks to a flexible legal and regulatory framework, no licenses are required. Since capital can be raised off of balance sheets, the activities of Cayman Special Purpose Vehicles can, in certain instances, be protected against creditor claims. Well-structured Special Purpose Vehicles can also enhance a parent or holding company’s balance sheet as they may not be required to include the new entity’s debt. In certain cases, Special Purpose Vehicles can also minimize taxation requirements outside of the Cayman Islands.

Lainston’s experienced team facilitates asset acquisition, securitisation and leasing through our establishment and management services for Cayman Special Purpose Vehicles. We assist clients in raising capital for multi-jurisdictional projects by utilizing trust and corporate structures. Most common among these are exempted companies, which are not subject to capital gains, income or corporation tax. To ensure independence from a parent or holding company, Lainston also offers a range of corporate administration and registered office services.

Lainston carries out restructurings and liquidations of all types. We assist solvent entities with restructuring that enables takeovers and mergers as well as those entities that need to close their operations quickly and efficiently, whilst adhering to Cayman Islands laws. We help operations wind-down by guiding companies and hedge funds through the Cayman process for voluntary liquidations and strike offs.

To carry out a voluntary liquidation in the Cayman Islands, a company must fit the mandated criteria for solvency. This means the company can pay all debts plus interest for up to a year, or that it receives support from an outside entity. Alternatively, if an entity has never traded, or has not traded for at least two years, it may request to strike the company from the Registrar of Companies if it does not have liabilities or assets.

From the early stages of gathering financial information to receiving the final liquidation notice, our team offers expert advice and handles all aspects of the liquidation process. We help with creditor list preparation, director/shareholder resolutions and declaration signature requirements. We offer dissolution services to entities that are managed by our firm as well as to those that are not.